China: Medlive Tech set to price HK IPO of up to HK$4.2bn

Medlive Technology, the largest online professional physician platform in China, has launched its planned Hong Kong IPO. The 155.1 million share offering will be priced between between HK$24.10 and HK$27.20 to raise around HK$4.2bn (US$540m). The offering is split into Hong Kong, representing 10% of the total, and international offerings. Pricing is due this week. Cornerstone…